Michael C. D. Ertelt’s Post

🌟 Japan unveils public-private economic revitalization package🌟 📆 On December 21, 2023, a landmark "Domestic Investment Promotion Package" was revealed at the "Public-Private Partnership Forum for Domestic Investment Expansion" held at the Prime Minister's Official Residence. This initiative represents a strategic shift in Japan's economic policy, targeting a substantial boost in domestic investment by 2027 📈. 🌐 The package, presented by Minister Saito of the Ministry of Economy, Trade and Industry, is structured around three primary pillars. The first focuses on sector-specific strategic investments in key areas like green transformation (GX) 🌱, digital transformation (DX) 💻, economic security, frontier technologies, and infrastructure 🏗️. The second pillar involves cross-sectoral initiatives aimed at enhancing wages, income, human capital development, and bolstering small and medium-sized enterprises and startups 🚀. The third pillar targets global market engagement, with a strong emphasis on asset management and export promotion 🌍. It is hoped that the ambitious plan will propel Japan's economy toward sustainable growth and elevated global competitiveness. 💼🌟📊🚀 Details at the website of the Economics Ministry #MEXT: https://lnkd.in/gMn95bxv #Japan #JapaneseEconomy #Innovation #Growth

Is now the time to invest in Japan? Robust market performance in 2023 has put the spotlight on Japan as an area of interest and with the economy expected to continue moderate expansion throughout 2024, Japan's revival looks like it's here to stay.  Japan's resurgence as an investment destination of choice offers renewed scope for investors and our panel of experts next Tuesday will debate the backdrop and investment opportunities.  Register here & power your client conversations: https://lnkd.in/egT-GEdS #investmentinjapan #investmentopportunities #portfolioconstruction #investmentmanagement #bailliegifford #goldmansachs #jpmorganassetmanagement #mandginvestments

Is now the time to invest in Japan? Robust market performance in 2023 has put the spotlight on Japan as an area of interest and with the economy expected to continue moderate expansion throughout 2024, Japan's revival looks like it's here to stay.  Japan's resurgence as an investment destination of choice offers renewed scope for investors and our panel of experts next Tuesday will debate the backdrop and investment opportunities.  Register here & power your client conversations: https://lnkd.in/egT-GEdS #investmentinjapan #investmentopportunities #portfolioconstruction #investmentmanagement #bailliegifford #goldmansachs #jpmorganassetmanagement #mandginvestments

Shang-Jin Wei: #GlobalEconomy Japan's resurgence gives hope to a global landscape of economic uncertainty. After decades of stagnation, Japan is now on a path of revival, projected to grow by one percent in 2024. It heralds the resilience and adaptability of an economy once trapped in a deflationary spiral. Read more: https://ow.ly/Rnjo50QpP4V

Despite Japan's technical recession, it remains an attractive investor option compared to the pricey US market. Talaria Capital’s Co-CIO, Chad Padowitz, highlights Japan's strengths, including robust corporate balance sheets and strong exports, in a recent article from InvestorDaily. Explore Chad’s insights on Japan’s growth potential here: https://lnkd.in/gZM5DV5J #InvestorDaily #Income #Certainty #Japan #Nikkei225

➡ From economic slump to renewed strength, Japan's journey is a testament to resilience and adaptation ➡ Abenomics, corporate reforms, and a cultural renaissance have propelled Tokyo back into the global spotlight ➡ Challenges yet remain as Japan charts its path forward #Japan #EconomicResilience #GlobalAlliances #JapanBusiness #innovation #Futureofwork FocusCore Japan David Sweet, Ph.D. David Chong Simon Jelfs Jonathan Cant Thomas Bangert Ed Chynoweth Stephanie Dickeson https://lnkd.in/gJwFFNE5

In terms of Financial Hubs ranking, Tokyo is in the 8th place in APAC & 19th globally. And it seems Japan is attracting more interest from foreign asset managers, whereas the government plans to make the world's 4th largest economy into a major financial hub. The Japanese Yen is the world's third most traded currency behind the Euro & Greenback. According to Bain & Company, the total value of private equity deals in APAC last year fell to its lowest since 2014 amid slowing growth, high interest rates & volatile public markets. But in Japan it was different with deal value jumping 183% last year from a year earlier, making it the largest equity market in APAC for the first time. 🖊Tokyo's ranking globally by industry sector ➡ Government & Regulatory: 6 ➡ Trading: 7 ➡ Banking: 10 ➡ Investment Management: 12 The outlook for this year remains unclear due to major elections globally & geopolitical tensions. But good markets do have the potential to perform well as long as it contributes to an economy's growth. There are over 2 million expats in Japan & according to the Japan International Cooperation Agency (JICA) 6.74 million foreign workers are needed by 2040 for sustained economic growth. The number of people aged 65 or over is 29.1% in Japan, whereas the ageing population will be a challenge for the economy in the mid-term to long-term. #japan #economics #macroeconomics #apac #asia #markets #tokyo #investmentmanagement #apaceconomy

📈 Economic Complexity Index Japan's Capabilities and Productive Potential 🚀 Economic Complexity Index (ECI) offer profound insights into Japan's position as a global leader in innovation 'productive capabilities. Ranked 1 in economic complexity, Japan exemplifies the potent mix of technology, ideas, and resources that drive an advanced economy. 🇯🇵 Japan's top ECI ranking mirrors its diverse and sophisticated export profile, reflecting a deep reservoir of capabilities. This diversity isn't just about the products themselves but symbolizes a rich, underlying potential of infrastructure, knowledge, and human capital. ⭐ Hidalgo and Hausmann the researchers behind ECI state that economic complexity predicts economic growth because ECI can be understood in terms of unexploited productive potential. Signifying Japan's potential to grow its economy through innovation by utilizing their current economic complexity. Sources: https://lnkd.in/g_8D2DdS https://lnkd.in/gBNDyN7 . . #japan #techadvancements #globaleconomy #innovation #startup

“Asia Undercurrent 18: People, Technology, and Prosperity: Japan's growth opportunities under the New Form of Capitalism” In recent years, Japan’s economy has changed dramatically, and the country is now in a new era characterized by economic growth and renewed dynamism. However, in order for Japan to continue moving forward, structural changes and enhanced competitiveness are needed more than ever. PM Kishida’s “New Form of Capitalism” is a vision that focuses on raising wages, fostering new talent, and pressing ahead with digital transformation. #NIKKEIAsia

Did you know that Japan, the third largest economy in the world was sent into a period known as "lost decades" due to various factors? But, to it's good news, it is seen to be recovering! Through this post, I have highlighted the factors responsible for the dark economic era for Japan, how it is seen to be recovering and the factors shaping its recovery along with insights into the future of Japan's economy.